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BTCC / BTCC Square / Global Cryptocurrency /
Markets Ignore Trump Impeachment Article as Risk Assets Rally

Markets Ignore Trump Impeachment Article as Risk Assets Rally

Author:
Global Cryptocurrency
Published:
2025-06-24 16:54:02
16
1
BTCCSquare news:

US equities and Trump-linked assets rallied Tuesday despite Representative Al Green's impeachment filing, with investors instead focusing on de-escalation signals in the Middle East. The Dow Jones gained 0.7% while Trump-themed meme tokens "Official Trump" and "Melania" ROSE 5%.

Oil markets extended declines, with WTI crude dropping 5% following Monday's 7% plunge. The selloff comes as President TRUMP called for an Iran-Israel ceasefire amid constitutional violation allegations.

Market indifference mirrors the 2019 impeachment proceedings, when investors similarly discounted political turbulence. "Markets care more about earnings than impeachment theater," observed Cresset Wealth Advisors' Jack Ablin during the prior episode.

|Square

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